HeadlinesMeezan Bank reassures customers of data security amid alleged ‘breach’
Bank emphasizes secure online practices in customer advisory while compensating victims of unauthorized transactions
Dec 19, 2024
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Headlines
HeadlinesPakistan's cotton arrivals plunge by 33%, threatening textile value chain
Dwindling cotton yields and economic pressures mount as supply chain falters
Dec 19, 2024
World Business NewsTrump signals tariff escalation against India with reciprocal trade measures
Incoming US president warns of matching India’s high duties on US exports, emphasizing “America First” trade policy
Dec 19, 2024
HeadlinesAfter Germany, France raises concerns over challenges faced by its energy firms in Pakistan
Halmore IPP dispute escalates with arbitration notice citing coercion and discrimination
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HeadlinesGovt approves 80% Chinese-owned Export Processing Zone in Balochistan
Siah Dik Copper Project to span 4,208 acres; IMF grants exception to EPZ policy; project to unlock export potential of region’s mineral resources
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HeadlinesKarachi Port Trust under scrutiny for awarding dredging contract to ‘non-compliant’ Chinese firm
KPT faces criticism for bypassing technical recommendations and transparency concerns in a crucial port maintenance project
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HeadlinesAurangzeb optimistic as current account surplus returns after a decade
Foreign exchange reserves rise to 2.6 months of import cover, with projections to reach 3 months by fiscal year-end, says finance minister
Dec 19, 2024
HeadlinesMeezan Bank compensates victims of alleged third-party data breach
While Meezan Bank denies any system compromise, the incident underscores vulnerabilities in third-party data security and rising cybercrime concerns
Dec 18, 2024
HeadlinesBoI completes SEZ survey as it aims to introduce reforms to boost investment
Comprehensive reforms, investor incentives, and connectivity enhancements aim to transform SEZs into industrial growth hubs under Green Pakistan Investment initiatives
Dec 18, 2024
HeadlinesGovt plans Rs12/unit electricity tariff cut by March 2025
Contracts with 6 IPPs terminated; talks underway to reprofile debts and reduce taxes for further savings
Dec 18, 2024
HeadlinesNAB abolishes 238 posts under federal govt's right-sizing policy
Positions from Grade-1 to Grade-19 eliminated, including directors and clerical staff
Dec 18, 2024
HeadlinesOGRA weighs disconnection of captive power plants from January 2025
Decision linked to revenue requirements and surplus RLNG; federal government’s input awaited
Dec 18, 2024